The officers of the company are the people formally appointed to run it – the company directors and company secretary. By law, companies must have officers in place at all times, and their names and addresses must be on the company’s registration documents.
If officers resign or new ones are appointed, or if their personal details change, the Registrar of Companies must be informed straight away.
How many officers does a company need to have?
This depends on the type of company:
Private companies must have at least one director, but it is not essential to have a company secretary. If there is only one director, this must be stated in the company’s Articles of Association.
Public limited companies (PLCs) must have at least two directors and a company secretary. The company secretary of a PLC must be formally qualified.
Company directors must be at least 16 years of age, although there is no upper age limit.
Every company must have at least one director who is a “natural person”, ie not another company. There is a grace period until 1 October 2010 for any company that only had corporate directors on 8 November 2006.
Can one person form a company?
It’s possible for a single person to form a so-called “single member” private company and to be the sole director of this company. If the company decides to have a company secretary, they cannot be the same person as the sole director.